This discussion paper builds on CPI’s earlier work, with a focus on the technologies, challenges, and current state of financing for the decarbonization of India’s iron and steel sectors, since this is
Vedanta group firm Sesa Goa today said it expects mining operations in Karnataka to begin "soon" as it has submitted reclamation and resettlement plan for its mine in Chitradurga district to an apex court
Bangalore Uncertain times await investors planning to start iron-ore mining in Karnataka, as the state government has made it clear that fresh leases will be given only after the Supreme Court clears all legal cases concerning the sector. The state's controversy-ridden industry has come under the purview of the central empowered committee (CEC) of the Supreme Court which has recommended a ban on issuing fresh mining permits.
The National Green Tribunal may not even be a year old but it has already come up with some landmark judgments, says Prasun Chaudhuri ON GUARD: A protest held earlier this month against Posco’s project
Twenty-one iron and steel plants, having capacity of 0.5 million tonnes a year and above, are up for an independent “green” rating. The Centre for Science and Environment (CSE), a New Delhi-based NGO,
Ministry of Environment & Forests (MoEF) had granted environmental clearance on 19.7.2007 to an integrated iron and steel plant by M/s POSCO - India Pvt. Ltd. in Orissa subject to various environmental
JSW Steel on Monday clarified that the Central Empowered Committee (CEC) reports against the company are yet to be considered by the Supreme Court. Reportedly, the Supreme Court appointed-CEC had submitted
India's environmental and tribal activists have scored another victory over companies looking to start mining and related projects in the mineral-rich and densely forested regions of the country. Late
In a significant decision, the National Green Tribunal (NGT) on Friday set aside the Environmental Clearance (EC) granted to the 4 MTPA Coal Mining Project of Jindal Steel and Power Ltd and 4 MTPA Coal Washery at Gare in Raigarh district of Chhattisgarh on grounds of faulty public hearing. The company had been granted EC in May 2009. The NGT has directed that the public hearing may be conducted again but not under the Additional District Magistrate (ADM) who conducted it earlier. The verdict delivered by Justice C.V Ramulu and Prof R. Nagendran held that the entire “public hearing was a farce and makes a mockery of the public hearing process”.
With barely eight million tonnes (mt) of iron ore left for auction in Karnataka, sufficient to fire the steel mills’ furnaces for two months, iron and steel companies in and around the state, including JSW Steel and Kalyani Steel, are in dire need of the key raw material. In the absence of regular mining, they expect the Supreme Court to give a nod for auctioning another two to four mt of additional ore stored at various stockyards of miners and private traders. The apex court is resuming the hearing on the illegal mining case tomorrow.
In what belies the popular notion of a depressed investment environment in the country, the government’s spending on central sector projects commissioned in the first half of the previous financial year had risen exponentially, according to data obtained from the Ministry of Statistics and Programme Implementation (MoSPI). In the central sector, India commissioned projects worth a record Rs 43,000 crore between April and September 2011-12, a whopping 250 per cent jump over the investment of Rs 17,835 crore in projects completed during the same period in 2008-09,
